FTSE 100 Index Little Changed on MondayFTSE 100 CashIG:FTSENouzTraderFTSE 100 Index Little Changed on Monday FTSE The regular opening trading session on the London Stock Exchange on Monday afternoon, June 29, 2026, officially closed in a flat consolidation position with a slight downward trend. Reflecting a very muted response to the weekend's political dynamics, the benchmark FTSE 100 index moved defensively without any new liquidity, isolated from regional euphoria as institutional market players shifted their focus to large-scale domestic corporate restructuring actions. ------------------------------------------------------------------------------------------------------- The heavy pressure holding the FTSE 100 index in the narrow red zone was driven rigidly by restructuring cost calculations and capital consolidation on the business desk: ✅ British American Tobacco (BATS) Cuts 20% of Global Staff, Shares Plunge -1% - Radical Year-End Efficiency: Shares of tobacco industry giant British American Tobacco fell, cutting above -1.0%. This legal downturn was triggered by the company's draft official announcement of an aggressive restructuring plan that would slash approximately 20% of its global workforce. - Operational Costs Squeezed: This cost-cutting measure will physically eliminate 5,500 direct jobs and eliminate 3,500 outsourced roles before the end of the 2026 calendar year, reflecting the rigidity and stringency of global corporations in curbing operating costs under a high macroeconomic borrowing rate regime. ✅ BT Group (BT) Soars +1.4% After Verizon's Secret Agreement Approves - Telecom Infrastructure Merger: In contrast to BAT's bleeding, BT Group shares surged +1.4%. Smart money bought heavily following the official announcement of a new international partnership with US telecommunications giant Verizon. - Corporate Capital Consolidation: This strategic alliance legally boosted BT's market capitalization through a planned merger of their global enterprise operations.